the mexican soap opera that is html 5 video codec debate and why it will likely never ship with fully defined codecs and formats in its final release. this is a decent primer if you want to know more about the players and the issues at hand. the whole thing pretty much sums up like this: conflict of interests and fear of copyright infringement. i for one am betting on the return of betamax.
2 years ago“If [YouTube] were to switch to Theora and maintain even a semblance of the current YouTube quality it would take up most available bandwidth across the internet,” DiBona said. “The most recent public number was just over 1 billion video streams a day, and I’ve seen what we’ve had to do to make that happen, and it is a staggering amount of bandwidth.”